A black swan is an event that is so far outside of the norm that it cannot be reasonably anticipated by markets and investors. I think it’s fair to characterize the COVID-19 pandemic as such an event. I have my thoughts on what the outcomes may be, but I need more data on the ground […]
I am happy to announce that the second season of Multifamily Syndication Unscripted podcast is out! Sam, Scott, and I have been trying for months to get the second season together, but time has been at a deficit. So happy to finally come back with what we hope will be some educational and entertaining content […]
This article first appeared on BiggerPockets.com on 11/17/2019 Do you hear yelling? The market is too hot. Oh, no! We are at the top. Oh, no! It’s a bubble. Too late to buy. It’s a bubble. Oh, nooooo! Best to wait for the crash… A few years ago these same voices were yelling: There is no money. […]
Chad Duval is a real estate investor. He’s been in the game for six years and has recently launched a podcast for newer investors. I enjoyed this episode, and I think you will as well. I was honest with Chad and his audience. Please enjoy! CLICK HERE to LISTEN
The equity stack for our next purchase is over-subscribed. I can take a minute to collect my thoughts. This will be short and to the point, but hopefully, you’ll get value! Three Advantages of Low Cap Rate Markets The Cap rates are compressed all across the country, as you know, as they have been. When […]
I did not mention in the article that came out yesterday, but this next acquisition will be a 94-unit community in Mesa, AZ. Which, for a lack of a better way to put it, is about to blow the hell up! Sun Crest Is Special Historically, our basic approach to value-add investing has been to […]
This has been an insane year so far…and that may very well be an understatement. Sam and I bought three apartment communities in 12 months, and we will be closing on another one soon. I’ve been very busy, and this has manifested in many ways, one of which has been lack of new articles on […]
Guys, over the years I’ve appeared in countless podcasts. I enjoy teaching, and I’ve always felt that this is a fantastic medium to deliver a message. I’ve many times wondered whether I should have my own podcast, but never had the time, or, frankly, the gumption… Until now! I guess I am not nearly as […]
Well, that’s not exactly the whole truth. About $20M was what we paid. The re-positioned stabilized valuation should be $30M+. Introduction I started like many of you – with a diagnosis of Multiple Sclerosis… Well, perhaps not that. Hopefully not that. Most people look to real estate because they don’t want to work for the […]
Source Capital is excited to announce the acquisition of South Mountain Square Apartments, a 117-unit garden style apartment community. About the Location The South Mountain Square neighborhood is in the South of Phoenix, the 2nd fastest growing city in the country. Phoenix is home to 5 million people, and Maricopa County is the #1 growth […]
Well, there’s “FREE” in the title. You must be excited…you just wait! If you pay attention to the content I put out, you must be aware that Phoenix Syndication Workshop is happening on January 26th & 27th. Please take a look at this page to find out the details (if you’ve been living under a […]
Sam and I recorded this podcast with Todd Dexheimer of Venture a few weeks back. I have to say, this was good! Todd a very knowledgeable real estate guy, so he asked the right things. But more than that, Todd is a human being who’s been around the block, so some of the questions were very […]
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HAHAHAHA Listen, if you belong to that very strange yet very large group of people we refer to as the Millenials, you will either laugh your rear off and learn a whole bunch form this, or you will learn nothing and hate me forever. Either way – you get the real deal! Ben and Dan […]
Guys, I’ve been fortunate to appear on a lot of different podcasts over the years. All, hopefully, are educational to some extent. Some are quite entertaining. Few are truly in-depth. But, almost none are truly honest to the core… This is understandable. Everyone is selling something, and as a result, no one wants to offend anyone […]